RegTech Archives - The Industry Spread

Creating a RegTech solution: 3 stages

The Bank of Lithuania invites financial innovators to participate in the creation of a RegTech solution which would allow the supervisor to automatically obtain data required for supervisory purposes, thus reducing the administrative burden for market participants.

RegTech Firm ClauseMatch Expands to APAC Region, Opens Regional Head-Office in Singapore

Fintech company ClauseMatch that provides regulatory technology has started its operation Singapore, marking its entry in the Asia-Pacific (APAC) market. ClauseMatch is a London headquartered company that offers SaaS solutions, allows financial institutes to streamline regulatory change management by organizing internal policies, controls, and functions. The firm also deploys AI and machine learning to automate compliance processes.

Fintech Raises $111.8B in 2018, Up By 120 Percent, Says KPMG

KPMG has found that global fintech funding rose by 120 percent to $111.8B in 2018 from $50.8B in 2017, mainly driven by mega M&A and buyout deals such as Blackstone’s $17B investment in Refinitiv in H2’18 and the $12.86B acquisition of WorldPay by Vantiv in H1’18.

Regtech Will Help According FINRA Panel

FINRA, or the Financial Industry Regulatory Authority, put out a white paper in September 2018 identifying these areas, and that white paper was discussed in the most recent FINRA podcast, Unscripted.

Financial Regulation in a Digital World

A speech by John Price, Commissioner, Australian Securities and Investments Commission at the Monash Centre For Commercial Law and Regulatory Studies Symposium, (Melbourne, Australia) 12 November 2018

Busch Talks Data Science With B23 Co-Founder

As Hirko explained, companies which employ algorithms- which means nearly every trading firm- won’t have success unless it is able to process as much data as possible properly.

The job of creating algorithms, Hirko explains, is done generally by B23’s clients, and B23 partners up by helping these companies process more data properly.

“(B23) Engineering the data so it fits neatly into those algorithms,” Hirko said.

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